Entrepreneur

Venezuela’s Leopoldo Alejandro Betancourt Lopez Leads With Innovation

Leopoldo Alejandro Betancourt Lopez is a Latin American entrepreneur with a penchant for melding business and technology. Betancourt also operates his business ventures with a social and environmental conscience. His passions have taken him down varied career paths where he has become a major player.

As chief executive officer of Derwick Associates, a Venezuelan renewable energy company, Leopoldo Alejandro Betancourt Lopez directs efforts ranging from exploring alternative energy sources to protecting indigenous peoples. Derwick develops energy production from solar, wind, biomass, geothermal, and hydroelectric sources. Betancourt hopes to improve these production methods enough that they become mainstream and globalized. Derwick is also planning a nuclear power plant installation in Latin America although the endeavor requires overcoming significant obstacles. In its efforts to have a positive impact on the social and ecological environments near its power plants, Derwick Associates created the Foundation Hermogenes Lopez. The foundation’s projects include improving or establishing schools, sports complexes, and job training facilities.

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Leopoldo Alejandro Betancourt Lopez is the director of the board and major shareholder of Pacific Exploration and Production, the largest oil company in Latin America. Betancourt leverages his position to promote new petrochemical markets and improve extraction capabilities. Using this expansion, he hopes to improve the economic strengths of countries such as Venezuela, Peru, and Mexico.

A sudden downturn at the leading sunglasses company, Hawkers, led Leopoldo Alejandro Betancourt Lopez to the Spanish corporation’s presidential seat in 2016. The sunglasses manufacture sells affordable, fashionable eyewear using the power of social media and the cost-effective method of e-commerce. The business model proved so successful that the company was unable to meet demand, leading to the need for investors and additional supply chains.

Betancourt invested in the Hawkers brand that year when the co-founders sought external funding for the first time since the company’s inception. In 2018, Betancourt invested several more million dollars and became the majority stockholder thereby controlling 50 percent of Hawkers capital. Betancourt arranged a collaboration with the clothing brand El Ganzo in 2017 and has devised a strategic plan to make Hawkers a global industry leader.

How Bernardo Chua Became An Entrepreneur

Bernardo Chua is a Filipino businessman who has made his mark in the direct selling industry. He was born and raised in the Philippines along with his 14 siblings. His family owned a garment manufacturing plant and he began his career working there as a purchasing manager. He felt pressured to work there as all of his brothers and sisters did. However, he eventually gave in to his own desire to venture out and took a job as a manager of a travel agency. See more on twitter for more information.

He was very successful as a manager. He grew the travel agency into one that was sending people on vacations across Southeast Asia. Another thing that benefited him was that he was known to have a lot of knowledge about traditional Asian medicines since his parents taught it to him. His skill as a manager and his knowledge led to Gano Excel recruiting him. Gano Excel Philippines is a company that sold beverages with the added ingredient of Ganoderma Lucidum, an herb that has been used in traditional Asian medicine for centuries. Bernardo Chua was hired to promote their products.

When Gano Excel decided to expand into North America, he was tapped to be the president of Gano Excel USA. He led this operation from 2003 to 2008. In 2008, he decided to go into business for himself. He founded Organo Gold outside of Vancouver, BC. This company uses direct marketing to sell its Ganoderma Lucidum-infused beverages and supplements.

His company has been ranked as one of the largest direct selling firms in the world by Direct Selling News. He has distributors in over 35 countries and on every inhabited continent. He has earned multiple accolades and awards over the years for his business acumen. This includes the Dangal Bayan Award for Business and Industry that he was honored to receive in 2014.

Read: https://www.thestreet.com/story/13132871/1/bernardo-chua-expands-organo-golds-operations-into-turkey.html

Wes Edens Businessman, Entrepreneur, and Sports Team Owner

Wes Edens is not just one of the leaders and co founders of the Fortress Investment Group he is also one of the owners of the Milwaukee Bucks. Since he purchased the team he has changed the culture of the team in just five years. He purchased the team in 2014 and the team had a reputation for losing but in 2019 the tides changed for the Milwaukee Bucks and Wes Edens. The team had the best record in the eastern conference and the number one seedig in the playoffs. Wes Edens proved to have the same success in the sports world that he had in the business world. You can even say that Mr. Edens just became more successful in the business world because of his success in the sports world. Because at the end of the day the Milwaukee Bucks became profitable just like the Fortress Group. Read this article at Gazetteday.com

Wes Edens has amassed a fortune of 1.65 billion over the last three decades because of his education, business savvy, and extremely hard work. Mr. Edens journey to wealth, power, and success started back in 1984 after he graduated from Oregon State University with his degree in finance and business administration. After he finished college he got his first job with the firm Lehman Brothers in 1987 and he worked for this company for 6 years as a partner and managing director. He left the company Lehman Brothers in 1997 and took a position at Blackrock Financial Management that was the same position he held at Lehman Brothers until 1997. Wes Edens saw the success that he brought to Lehman Brothers and Blackrock Financial Management and that’s when in 1998 he decided to found his own company called the Fortress Investment Group. His two other co founder and partners of the company was Rob Kauffman and Randal Nordone. Mr. Edens primarily duty within the company is that he is responsible for private equity and publicly traded alternative investment businesses. He is also the chief investment officer for the company.

Source: https://www.bloomberg.com/news/articles/2019-06-04/fortress-billionaire-wes-edens-bets-on-freedom-gas-exports

The High Performance Team of Toyo Setal

The leading tech corporation in Brazil is offering EPC design to construction companies. If you are looking to start an industrial project, you may consider hiring the most qualified technical experts.

The Leading Industrial Corporation In Brazil

Toyo Setal Empreendimentos Ltda focuses on the development of highly complex industrial projects. Their qualified technical team allows offering integrated solutions to businesses, adapting to their needs. Toyo Setal has a proven track record of success. The experienced they have earned since 2012 is priceless; the enterprise has dealt with several different clients. Their most recent achievement is the AVEVA World Summit Event Award (2014)—Innovations in Engineering Project Integration.

Highly Professional Organization

When contacting Toyo Setal, you can expect exceptional work quality from their professionals. Engineering, supplies, and construction is a service that requires technical excellence, which is why Toyo Setal is a result-oriented service. The services supported include maintenance operations, conceptual designs, feasibility studies, electromechanical assembly, pre-commissioning, assistance starting a plant, among others. As a result of their performance, the EPC structures they design guarantee reliability and productivity.

The Superior Service Quality

The assembly services are available for a wide range of segments: steel, mining, chemical, petrochemical, energy elements, infrastructure, oil & gas, or fertilizing. As a division of TSPI (TS Participações e Investimentos SA), Toyo Setal brings clear advantages to build trust with their clients.

Extraordinary Security:

  • Extraordinary Security: Safety is the most highlighted feature of the company. A team of experienced specialists can ensure maximum security in their projects. A crucial factor for it is their intensive formation and experience.

Secured Sustainability:

  • Secured Sustainability: The innovative solutions the company provides help other companies to build proper infrastructures. The company works with international clients regularly for assistance, maintenance, or training purposes.

Outstanding Productivity:

  • Outstanding Productivity: The organization has proven its professional competence for the last decade. It is well known that the company plays a crucial role in the technological development of Brazil. Many clients benefit from their project strategy mastery—which is focused on terrestrial complexes.

The deployment of industrial enterprises is currently contributing to the development of the industry and the stimulation of the national economy.

Toyo Setal in Industrialization

About Toyo Setal

Toyo Setal was initiated in 2012. It is an organization dealing with complicated industrialized projects in oil, gas, chemical, energy among other products. It is a Brazilian organization. Toyo is dedicated to meet its customers’ needs; they, in regards, offer an end to end solution. The services are rendered with efficiency, sustainability, and profitable. Customers, therefore, get high-quality products within the agreed deadline.

Toyo Setal Award

In 2014, Toyo received an award for ‘Innovation in the integration of engineering projects’ the event was known as Aveva World Summit. Toyo Setal offers the best service due to its qualified and experienced team members who work hard towards achieving the institution’s goals.

A deal with Petrobras Hydrogen Plant

Toyo Setal, which is a subordinate of Toyo engineering, will be in charge of the construction of Petrobras hydrogen plant being built in the city of Itaboraí, in Rio de Janeiro. By mid-2016, the project needs to be done. The budget was estimated to around R $ 1.2 billion. The hydrogen plant was to be part of Rio de Janeiro complex (COMPERJ) which at the moment is under construction. As elaborated in the project, Toyo would be accustomed to design the plan, equipment’s, material and setting up of the Hydrogen plant. The COMPERJ complex is among the Petrobras most significant schemes and is expected to cover the rise in a plea for lights oil and petrochemicals.

The Purchase of Setal Oil and Gas by Japanese Toyo

Toyo Japanese and Brazilian Setal oil and gas (SOG) is expected to make it known to the public about its decision to work with the oil sector. The merging should lead to the formation of a new venture. The corporation was possible from the acquisition of 50 % of the SOG by Setal. Before becoming members, SOG and Setal were business partners. The investment anticipates over R $ 1 billion to install a shipyard. The yard focuses on building a podium and help vessels to the actions of the oil and gas industry.

Luke Lazarus Talks about the Skills an Entrepreneur Needs to be Successful

The Australian business environment has transformed completely in the last couple of decades. Initially, the businesses in Australia followed the more traditional approach even though it looked modern and contemporary from the outset. However, it has changed completely in the last few years due to the need of the hour and the increasing competition in the market.

The influx of foreign companies and the booming economy of the country has made the business environment very competitive, and for good. The country’s economy is on the rise, and many Australian companies that started as start-ups are now dominating many sectors globally. However, there are many start-ups and companies in Australia that bow down to the challenges thrown at them financially and in terms of competition to eventually close down. Read more: Luke Lazarus Helps Companies Go From Zero to IPO  and Luke Lazarus | Inspirery

If your company in Australia is going through tough times then instead of finding the solution yourself, taking the advice of the man who is responsible for the launch of many successful IPOs, product launches, brand development, and making start-ups into organizations, would be helpful.

The man in question here is none other than Luke Lazarus, who is known across Australia for his excellence in the field of business. Many businesses and start-ups that took the help of Luke Lazarus has been able to grow tremendously under his guidance and continues to follow his business model to date.

Luke Lazarus updates himself about the latest trends in the field of business internationally and also keeps track of the Australian market to find out where the Australian companies are going wrong. It makes him the best person in the industry today to take advice from on starting and sustaining a business idea. He has helped the entrepreneur to start-off and even expands to new industries with his skills.

He holds a masters degree in business administration from Melbourne Business School and is a serial entrepreneur who made his wealth through the four companies he started and sold in a span of a decade. It helped him achieve his wealth creation goals by the time he was only 33.

The success he achieved and the fun he had in the journey to achieve it inspired him to not run after money but to work for his passion, which today is to help businesses of all sizes as well as start-ups to gain momentum they are looking for.

The assistance he provides personalized and crafted as per the specific requirements and issues of the clients’ businesses, which helps in getting the results faster.

Luke is not afraid to speak his mind because it allows his clients to be realistic about their business goals. It leads to creating better marketing and business strategies that would surely work for the business owners.

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Eric Lefkofsky wiki entry

Eric Lefkofsky (born September 2, 1969) is an American entrepreneur and philanthropist who is most noted for his co-founding of ecommerce giant Groupon as well as his personal leadership of cutting-edge oncology data pioneer Tempus. Lefkofsky is also a major philanthropist around the country and, particularly, throughout the Chicago area.

Early life and education

Lefkofsky grew up in Southfield, Michigan, a suburb of Detroit. His father, Bill Lefkofsky worked as a structural engineer and his mother, Sandy, was a local schoolteacher. He attended Southfield-Lathrup High School where he graduated in 1987. He was accepted to the University of Michigan where he graduated with honors in 1991. He received his law degree from the University of Michigan Law School in 1993.

Entrepreneurial pursuits

Shortly after graduating from law school, Lefkofsky decided that he would rather pursue a career as an entrepreneur than become a practicing lawyer. He and a college friend founded and acquired a string of businesses throughout the 1990s, which eventually culminated in two of their companies, InnerWorkings and Echo Global Logistics, going public in the mid-2000s. These transactions made Lefkoskfy extremely wealthy. But his biggest successes were still in front of him.

In 2007, Lefkofsky co-founded a web-based business called ThePoint.com. This company would eventually change its name to Groupon. Under Lefkofsky’s leadership, the firm grew at a breakneck pace. By 2011, Groupon was worth at least $6 billion. Lefkofsky and his family netted nearly $400 million when Groupon partially bought him out in that same year.

Tempus

In 2013, one of Lefkofsky’s close family members was diagnosed with cancer. This brought Lefkofsky himself into contact with America’s oncology industry. He was shocked to discover that, in many cases, oncologists had objectively worse data support than many over-the-road truck drivers.

Over the next few years, Lefkofsky began researching the state of medical data in America, particularly as it relates to electronic medical records and the analytics and interfaces that allow physicians, particularly those working in cancer-related specialties, to make the best real-time decisions on patient care.

He found that there was massive room for improvement. In 2016, Lefkofsky founded Tempus, a company dedicated to helping oncologists access and optimally use the vast troves of data that are potentially at their disposal.

In an interview with Forbes, Lefkofsky explained that there is currently so much data available to oncologists that the problem is not getting more data but being able to optimally use it. As someone who was deeply familiar with the advanced statistical methods that are collectively referred to as artificial intelligence, Lefkofsky immediately recognized that the problem of using the oceanic pool of data that is currently available to oncologists is precisely a class of problem that artificial intelligence is good at solving.

This was the genesis behind Tempus. Today, Tempus is helping doctors make far better use of their data. An example that Lefkofsky often gives as to the types of problems that Tempus helps doctors solve is the case of the cancer treatment Herceptin. Like almost all chemotherapies, Herceptin is given to patients with certain disease characteristics, namely breast cancer that tests positive for the HER2+ growth factor.

However, the variance in outcomes from this drug is enormous. Lefkofsky explains that some patients respond remarkably well to the drug while others end up having to resort to second-line treatments. In some cases, the drug proves dangerously toxic or even fatal. In fact, across the entire gamut of cancer treatments, a significant portion of patients simply turn out to be incapable of tolerating the treatments.

Lefkofsky explains that this wide variation in patient outcomes is due to inadequate modeling where medical professionals are relying on treatment modalities that only weakly correlate with patient outcomes. In other words, the way in which oncologists are determining what course of treatment best suits patients is inadequate because the decision-making process in selecting treatments does not adequately take into account or best use all of the available information.

Lefkofksy says that in the case of Herceptin, it may be possible to eliminate most or all of the worst patient outcomes by simply taking more factors into account and using an artificial-intelligence-derived model to boost predictive power, helping oncologists know ahead of time who is unlikely to respond well to the drug and which patients are at much-increased risk of experiencing high-grade toxicity.

One of the most-promising areas in which Tempus is currently developing its analytic engine is the area of genomic data. With rapidly increasing and far more-accurate genomic data available, Tempus will put in oncologists’ hands analytic capabilities that will rival the power of genome-wide association studies. But this information will be available on demand and will help oncologists make the best diagnoses and treatment decisions in real time.

Ultimately, this will allow a level of customization in the treatment of cancer that promises to someday reduce the disease to an annoying yet manageable malady for most patients rather than a potential death sentence.

In addition to its research and development of some of the most-cutting-edge cancer analytics in the world, Tempus also markets a number of more-mundane but highly valuable products to medical professionals. One of these is its OCR system for structuring doctors’ notes into usable format for inclusion in electronic medical records and other applications. Previously, this function was often outsourced at considerable cost to hospitals. Tempus’ solution promises to radically increase efficiency of making doctors’ notes EMR-usable while saving huge sums for hospitals in the process.

Philanthropy and net worth

Lefkofksy is currently estimated to be worth more than $2.5 billion. He and his wife founded the Lefkofsky foundation, a charitable trust that primarily helps children and medical causes.

In 2013, Lefkofksy and his wife joined the Giving Pledge, promising to eventually donate more than half of their net worth to charitable causes across the world. Read more about Eric Lefkofsky: http://www.accelerateddisruption.com/about-eric-lefkofsky.html

The Success Of Kevin Plank & His Work In Philanthropy

In business, there is an unspoken rule to be selfish. This comes from the fact that the industry is too competitive to be sharing anything to anyone. At most, there are business partners and that’s it. Anything more than that is formed under teams of a company. Nonetheless, the reason this is important to understand is that it makes entrepreneur such as Kevin Plank more compelling. As a successful businessman who has earned his way up to billionaire status, he will be the first to say that he is more proud of his work in philanthropy. In fact, when we consider he has earned his successes through leading the well-known sporting wear company Under Armor, it says a lot about his character that he considers that as one of his lesser accomplishments. Having said that, let’s take a closer look at his work in philanthropy and why he thinks it’s important to give back.

The Importance Of Giving Back

In an article on Kevin and one of his many acts of philanthropy, more than anything, we come to the understanding that he doesn’t care about money. Instead, he cares about how it can help create a bright future in which people can make their own. A great example of this can be seen with a recent $25 million dollar pledge to the University of Maryland. This contribution of his is going towards a $155 million plan to expand some facilities that students use at the university. As we can see, his contributions are a large portion of the overall plan. Moreover, it is his desire to see other people succeed like he can that makes him a willing and giving philanthropist. Without a doubt, we can expect more similar acts of philanthropy from him well into the future.

Smita Shah Stresses The Importance Of Time Management

As a highly-educated entrepreneur, Smita Shah values the power of education and the empowerment that it can offer women during their careers. She herself is a graduate of Northwestern University, MIT, and the University of Oxford with degrees in Civil Engineering and Civil and Environmental Engineering as well as a Postgraduate Certificate in Business. Part of the philanthropy work that she does include helping children earn the education that they deserve and need in order to live successful lives as adults. Since she founded the engineering firm SPAAN Tech in 1998, she has managed to grow it into one of the most recognized and sought after firms in her industry. Some of the infrastructure projects that the company of Smita Shah has completed include transportation and aviation.

 

As a woman who is also an entrepreneur, Smita Shah has seen how someone’s gender can impact them in their careers. While women may face different challenges than men when it comes to the business world, she knows that it is still possible for women with the right talent to reach their dreams of being the CEO of their own successful company. While not every woman will be a success in business, it’s also true that not every man has what it takes either. There are millions of women in the world who own their own business and while this number may be less than the number of male-owned businesses, it can still be enough to inspire others.

 

In order to make yourself a success and keep yourself there, Smita Shah says it’s important to separate your personal and professional lives. While it takes a lot of hours and works to make it to the top, Smita Shah warns that it’s important not to take your work home and to keep it in the office. She suggests delegating different responsibilities to others after building a strong team of people to work within your company. Instead of slaving away over your computer when you should be enjoying your day, have someone else be responsible for that aspect of daily operations. Learn more: https://www.chicagobusiness.com/node/721011

 

Being an entrepreneur takes up a lot of time and energy and Smita Shah says that it’s important to be able to manage your time in an effective way. You will have more responsibility in your career as you become more successful and this can be incredibly demanding on your time. It’s important to take care of yourself along with your business and this includes taking the time off that you need to recover from the stress of being an entrepreneur. Getting a good amount of rest and spending time with your friends and family is important and it’s okay to take a break.

Connect with Smita on LinkedIn

Ted Bauman Says Bitcoin Inability to Quickly Process Large Transactions will be the Cause of the Currency Downfall

Bitcoin has been praised by many as the currency of the future. It is considered as the safest mode of holding on to money. It is safe as it is secure from interference from government agencies. However, according to Bauman, Bitcoin successes may be short-lived due to its inability to quickly and efficiently process large volumes of transaction. The problem, according to Bauman, will hinder the currency growth as well as full acceptance.

Ted Bauman, in his newsletter the Bauman Letter, tells readers to picture a time in the future when Bitcoin will become the widely used form of currency for most of the transactions. Bauman says even though Bitcoin becomes widely accepted, there is still the scalability issue that the currency needs first to address for them to succeed. Read more about Ted Bauman at talkmarkets.com


Ted Bauman to put things into perspective and make it easy for his readers to digest his recommendations uses real-life examples. In this case, Bauman gave the example of a person who wants to exit the parking lot and needs to make payment. The person Bauman says has lost his wallet, and the only available method for him to transact is by using what is on his disposal at the moment, and that is Bitcoin. Bauman assumes that the machine accepts cryptocurrency and the person opts to pay for the parking using Bitcoin. According to Bauman, the transaction on a good day can take up to one or two minutes and on a bad day 20 minutes or even hours. The slow speed of processing transactions that are usually experienced with Bitcoin will be the cause of its downfall says, Bauman.

Ted Bauman to explain his points goes to the extent of comparing Bitcoin with other modes of payments such as credit cards. A credit card such as Visa can process more than 20,000 transactions per second. Credit card transactions are instant. On the other hand, Bitcoin can only handle about six to seven transactions per second. The difference is so enormous, and this explains why there are always delays when transacting with Bitcoins. Bitcoins miners fortunately according to Ted Bauman are working on the case, but Bauman largely remains skeptical about the issue.

Related Topics: https://www.dailyforexreport.com/ted-bauman-amazon-isnt-monopoly/